GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Alliance Resource Partners LP (NAS:ARLP) » Definitions » Cyclically Adjusted FCF per Share

Alliance Resource Partners LP (Alliance Resource Partners LP) Cyclically Adjusted FCF per Share : $5.13 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Alliance Resource Partners LP Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Alliance Resource Partners LP's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.198. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alliance Resource Partners LP's average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Alliance Resource Partners LP was 24.90% per year. The lowest was 3.00% per year. And the median was 15.95% per year.

As of today (2024-04-30), Alliance Resource Partners LP's current stock price is $22.21. Alliance Resource Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.13. Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF of today is 4.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alliance Resource Partners LP was 22.71. The lowest was 0.57. And the median was 4.38.


Alliance Resource Partners LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alliance Resource Partners LP's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliance Resource Partners LP Cyclically Adjusted FCF per Share Chart

Alliance Resource Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 4.63 4.78 5.26 5.13

Alliance Resource Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.26 5.22 5.29 5.25 5.13

Competitive Comparison of Alliance Resource Partners LP's Cyclically Adjusted FCF per Share

For the Thermal Coal subindustry, Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF falls into.



Alliance Resource Partners LP Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Alliance Resource Partners LP's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.198/129.4194*129.4194
=0.198

Current CPI (Dec. 2023) = 129.4194.

Alliance Resource Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.955 99.695 1.240
201406 2.082 100.560 2.680
201409 1.727 100.428 2.226
201412 0.910 99.070 1.189
201503 1.501 99.621 1.950
201506 1.615 100.684 2.076
201509 1.868 100.392 2.408
201512 1.804 99.792 2.340
201603 0.658 100.470 0.848
201606 1.545 101.688 1.966
201609 3.194 101.861 4.058
201612 2.531 101.863 3.216
201703 1.969 102.862 2.477
201706 1.076 103.349 1.347
201709 1.083 104.136 1.346
201712 0.461 104.011 0.574
201803 1.320 105.290 1.623
201806 0.609 106.317 0.741
201809 1.085 106.507 1.318
201812 0.509 105.998 0.621
201903 0.466 107.251 0.562
201906 0.595 108.070 0.713
201909 0.243 108.329 0.290
201912 0.327 108.420 0.390
202003 0.223 108.902 0.265
202006 0.453 108.767 0.539
202009 0.810 109.815 0.955
202012 0.712 109.897 0.838
202103 0.182 111.754 0.211
202106 0.624 114.631 0.704
202109 0.941 115.734 1.052
202112 0.683 117.630 0.751
202203 0.247 121.301 0.264
202206 0.676 125.017 0.700
202209 1.710 125.227 1.767
202212 1.423 125.222 1.471
202303 0.982 127.348 0.998
202306 1.495 128.729 1.503
202309 0.874 129.860 0.871
202312 0.198 129.419 0.198

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alliance Resource Partners LP  (NAS:ARLP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Alliance Resource Partners LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.21/5.13
=4.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alliance Resource Partners LP was 22.71. The lowest was 0.57. And the median was 4.38.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alliance Resource Partners LP Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Alliance Resource Partners LP's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alliance Resource Partners LP (Alliance Resource Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1717 South Boulder Avenue, Suite 400, Tulsa, OK, USA, 74119
Alliance Resource Partners LP operates as a coal mining company based in the United States. It has four segments Illinois Basin, Appalachia, Oil & Gas Royalties and Coal Royalties. The Illinois Basin comprises underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia . The Appalachia segment comprises the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Oil & Gas Royalties has oil & gas mineral interests held by AR Midland and AllDale I & II and includes Alliance Minerals' equity interests in both AllDale III and Cavalier Minerals. The Coal Royalties has includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.
Executives
Kathleen S. Craft 10 percent owner 2502 E. 45TH ST., TULSA OK 74105
Craft Joseph W Iii director, 10 percent owner, officer: President and Chief Executive PO BOX 22027, TULSA OK 74121-2027
D Andrew Woodward officer: Senior VP, New Ventures C/O ANDX, FINDLAY OH 45840
Megan J Cordle officer: VP, Controller and CAO P.O. BOX 22027, TULSA OK 74121
John H Robinson director 1 WATERHOUSE SQU, 5TH FL. 138-142 HOLBORN, LONDON X0 EC1N 2ST
Robert J Fouch officer: Vice President and Controller 1717 S. BOULDER, SUITE 400, TULSA OK 74119
Kirk Tholen officer: Sr VP, Chief Strategic Officer 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Wilson M Torrence director 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Nick Carter director
Timothy J Whelan officer: Senior Vice President Sales 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
John P Neafsey director PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Alliance Resource Management Gp, Llc 10 percent owner 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
Alliance Holdings Gp, L.p. director, 10 percent owner P.O. BOX 22027, TULSA OK 74121
Mgp Ii, Llc director, 10 percent owner 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119

Alliance Resource Partners LP (Alliance Resource Partners LP) Headlines